What are the basic elements of sales math, margin, markup, sales markup formula, how to calculate interest on wholesale and retail sales.
Introduction
Welcome to the Commercial Mathematics training! You are about to recall basic problems related to fractions and percentages.
This will enable you to quickly handle calculations related to promotions. Whether the customer wants to hear the amount or percentage they will save or earn.
Training program
• Ordinary Fractions;
• Decimals;
• What is a percentage? Finding a percentage of a number;
• Order of operations;
• Conversion of common fractions, decimals and percents;
• Present and future values;
• Future value of money;
• Present value of money;
• Net Present Value;
• Risk and discount rate;
• Present value and rate of return;
• Calculating the present value of cash flows that occur more than one year from now;
• What is a cash flow?
• Types of cash flow;
• Cost Composition;
• Cost;
• What is profit?
• Trade mark-up and distributor margin;
• Steps in pricing policy;
• Steps in pricing policy;
• Steps in pricing policy;
• Visual illustration of pricing;
• Price formation within the pricing policy;
• Costs. Types of costs;
• Ordering, tracking, reordering and valuation of inventory;
• What is a cash receipt?
• What is an invoice?
Key terms covered in the training
• Sales;
• GMROI;
• Margin and Markup;
• Price Grid;
• Trade Markup Definition;
• Trade Markup Formula;
• Margin Formula;
• Margin Calculation;
• What is Trade Markup;
• How margin is calculated;
• Materials on Mathematics for Commercial Activities;
• Help with percentages;
• Percentage Formula;
• And other important things...
How does the training go?
Each trainee receives a personal account to access the training. It is taken online, at a time and place convenient to the user. The only things needed are a computer/laptop and internet access.
Check out the free "How to Do a SWOT Analysis" training on your company to learn what strategy you need to develop to achieve success
If you are interested in our services or have further questions, you can contact us on +359 878 685 304 or e-mail: office@nitbg.com.
Често задавани въпроси
What is the Commercial Mathematics training about?
The training covers basic sales math topics such as fractions, decimals, percentages, margin, markup, and pricing. It is designed to help participants handle calculations connected with promotions, discounts, and sales prices more quickly and confidently. The program also includes financial concepts like present value, future value, cash flow, and net present value.
Who is the Commercial Mathematics training suitable for?
It is intended for people who need to work with sales math and pricing calculations in a practical way. The course is useful for anyone who wants to understand markup, margin, percentages, and how prices are formed within a pricing policy. It can also support those who need to calculate savings, earnings, or sales-related percentages.
What topics are included in the training program?
The program includes ordinary fractions, decimals, percentages, and how to find a percentage of a number. It also covers present and future values, risk and discount rate, cash flow, cost composition, profit, trade mark-up, distributor margin, pricing policy, inventory valuation, cash receipts, and invoices. These topics are organized to support commercial and sales calculations.
Does the training explain margin and markup?
Yes, margin and markup are key terms covered in the training. The content includes trade markup definition, trade markup formula, margin formula, and margin calculation. It also mentions how margin is calculated and the relationship between trade mark-up and distributor margin.
How is the training delivered?
Each trainee receives a personal account to access the training online. It can be taken at a time and place that is convenient for the user, so it is flexible and self-paced. The only requirements are a computer or laptop and internet access.
How can I contact the company for more information?
If you are interested in the services or have questions, you can contact the company by phone or email. The phone number is +359 878 685 304 and the email address is office@nitbg.com. These contact details are provided for further information and inquiries.
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